Galenfeha, Inc. (GLFH) Outpacing the Competition with LiFePO4 Chemistry
Galenfeha, Inc. (OTC: GLFH) is revolutionizing the market with its innovative stored energy solutions. More specifically, the company’s lithium iron phosphate (LiFePO4) batteries are taking the industry by storm.
“The market is quickly realizing the superior performance, increased safety, and long term costs savings of our batteries versus lead acid and traditional lithium chemistry,” James Ketner, founder and chairman of Galenfeha, stated in a news release.
LiFePO4 batteries offer a number of key advantages over lead-acid and traditional lithium batteries. In addition to containing no acid, no poisonous lead and producing no dangerous emissions during charging, Galenfeha’s LiFePO4 batteries also offer much lower self-discharge, do not sulfate and are environmentally-friendly.
In recent months, Galenfeha has successfully leveraged the marketability of its product line to achieve strong growth, particularly in the oil and gas industry. The company is rapidly expanding its distribution network through agreements with leading oil and gas retailers across the country. Earlier this month, Galenfeha announced an exclusive distribution agreement with...
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Source: DreamTeamNetwork (Historical News Only as of July 22/16)
(October 16, 2015 - 9:30 AM EDT)
News by QuoteMedia